16 T.C. 1281 (1951), 17783, Avey Drilling Mach. Co. v. C.I.R.

Citation: 16 T.C. 1281

Opinion Judge: RICE, Judge:

Party Name: AVEY DRILLING MACHINE COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Attorney: Louis E. Brockman, Esq., for the petitioner. Irene F. Scott, Esq., and Lester M. Ponder, Esq., for the respondent.

Judge Panel: MURDOCK, J., dissenting: KERN, J., agrees with this dissent.

Case Date: June 11, 1951

Court: U.S. Tax Court